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29090398
29090399

585 U.S. Hwy 34, Grand Island, NE 68801

PS
NE 20220871
Farmers National Company
Listed by Farmers National Company
$1,500,000
159 days on market
Updated 2 days ago

Grand Island Farm with Development Potential

Details
Property Type Land
Sub Type Agricultural, Commercial
Pro-Forma Cap Rate 1.33%
Pro-Forma NOI $20,000
Price Per Acre $18,892
Broker Co-Op Yes
Acreage 79.400
Zoning Transitional Ag

Land | 79.4 acres

Marketing description

Discover an exceptional opportunity with this versatile farm property offering high visibility U.S. Highway 34 frontage and outstanding future development potential. Ideally positioned along a major transportation corridor, this farm combines productive agricultural ground with a strategic location that makes it well suited for a wide range of commercial, residential, or mixed use possibilities.

The land features excellent access, level topography, and strong sightlines from the highway—ideal characteristics for future growth. Whether you’re looking to expand your farming operation, secure a long-term investment, or pursue development projects, this property provides the flexibility and position to support your goals.

With ample road frontage, utility access in the area, and proximity to Grand Island, this farm stands out as a rare offering where agricultural value and development promise meet. Properties with this combination of attributes are increasingly hard to find. Perfect for investors, developers, or operators seeking a strategic location with both present day productivity and strong long term upside.

Farm is currently irrigated by a Valley pivot irrigation system that is the property of the tenant and does not convey with the property. Farm has an irrigation well located on the west border with an 8 inch Western Land Roller pump. Well registration # is G-009271. Well was drilled in 2017 and was rated at 1,200 gallons per minute at the time of installation. Well is powered by a propane irrigation engine that is the property of the tenant and does not convey with the property.

Listing Contacts

PS
NE 20220871
Farmers National Company
Listed by Farmers National Company

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Additional Information

Name
Paul Sullivan
License
20220871
Brokerage
Farmers National Company
Brokerage Phone
800-346-2650
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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